Tutor Perini(TPC)

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Tutor Perini (TPC) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-10-15 23:06
Tutor Perini (TPC) closed the most recent trading day at $26.86, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.76%. At the same time, the Dow lost 0.75%, and the tech-heavy Nasdaq lost 1.01%. Prior to today's trading, shares of the construction company had gained 11.32% over the past month. This has outpaced the Construction sector's gain of 2.69% and the S&P 500's gain of 4.31% in that time. The upcoming earnings release of Tutor Perini will be of great i ...
Contract Wins Strengthen TPC's Prospects, High Costs Ail
ZACKS· 2024-10-11 14:50
Tutor Perini Corporation (TPC) is benefiting from solid contract wins in large mega-construction projects with limited market competition. The company's growing backlog supports its long-term growth in a dynamic economic environment. Also, the increasing flow of awards enables TPC to improve its margins and lower its total debt. However, the increased expense structure due to higher share-based compensation and several unfavorable adjustments raises concerns for the company. Factors Driving Growth Tutor Per ...
Tutor Perini (TPC) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-10-09 23:05
Tutor Perini (TPC) closed at $26.36 in the latest trading session, marking a -0.3% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.71%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 0.6%. Prior to today's trading, shares of the construction company had gained 19.69% over the past month. This has outpaced the Construction sector's gain of 8.51% and the S&P 500's gain of 6.41% in that time. The upcoming earnings release of Tutor Perini will b ...
TPC's Fisk Electric Wins Initial Phase of $147M Electrical Contract
ZACKS· 2024-10-04 13:05
Tutor Perini Corporation's (TPC) subsidiary, Fisk Electric Company, secured the initial phase of a $147 million electrical contract for a new Harris Health hospital at the Lyndon B. Johnson Hospital campus in Houston, TX. The initial phase, valued at around $29 million, is awarded by McCarthy Building Companies, Inc. Per the contract, Fisk Electric's work involves electrical and fire alarm installations for the core and shell, along with tenant finish-out for the new hospital tower and podium. The 12-story ...
Tutor Perini: Share Price Rising On Strong Fundamentals
Seeking Alpha· 2024-10-01 09:51
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Tutor Perini: Strong Fundamentals, Limited Competition, And Undervaluation
Seeking Alpha· 2024-10-01 06:51
Tutor Perini Corporation (NYSE: TPC ) operates in a limited competition space with extremely high barriers to entry. It boasts a mammoth backlog of mega infrastructure projects that are expected to grow with increased bidding activity in the upcoming months and years. I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close wat ...
Tutor Perini (TPC) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-09-20 22:56
Tutor Perini (TPC) closed at $26.20 in the latest trading session, marking a +0.61% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.19% for the day. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.36%. Shares of the construction company witnessed a gain of 21.8% over the previous month, beating the performance of the Construction sector with its gain of 8.17% and the S&P 500's gain of 2.06%. Investors will be eagerly watching for ...
TPC Stock Surges 87% in 6 Months: Should You Buy Now or Wait?
ZACKS· 2024-09-16 18:06
Tutor Perini Corporation (TPC) , a diversified general contracting, construction management and designbuild service provider, has surged 87.3%, outperforming the Zacks Building Products - Heavy Construction industry's 25.3% growth, the Zacks Construction sector's 8.9% increase and the S&P 500 Index's 9.3% rise, in the past six months. Image Source: Zacks Investment Research TPC is benefiting from sold contract wins, especially for large mega construction projects given the limited market competition for suc ...
What Makes Tutor Perini (TPC) a Good Fit for 'Trend Investing'
ZACKS· 2024-09-13 13:51
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...
Tutor Perini's JV With Black Construction Wins New Project in Guam
ZACKS· 2024-09-13 11:41
The joint venture ("JV") of Tutor Perini Corporation (TPC) with its subsidiary Black Construction Corporation, has won a $38.3 million contract from the Naval Facilities Engineering Systems Command, Pacific District. For the P-324 9th Engineering Support Battalion Headquarters Project at Marine Corps Base, GU, the JV's work scope includes constructing low-rise facilities to support the third Marine Expeditionary Force of the 9th Engineering Support Battalion. The building construction work will feature rein ...